MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-02-0037216
Modulex Modular Buildings Private Limited - infrastructure and utilities in Indapur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹59.12 Lakh
▲ 12506775% YoY
Net loss · FY 2023
₹8.34 Cr
Latest filing
EBITDA · FY 2023
-₹5.99 Cr
Latest filing
Authorised capital
₹82.5 Cr
Registered with MCA
Paid-up capital
₹72.43 Cr
Issued & subscribed
Satisfied charges
₹64 Cr
No open charges
Company age
18 yrs
Est. 2008
Directors on board
8
As per MCA filings
About Modulex Modular Buildings Private Limited
Data last updated:
Modulex Modular Buildings Private Limited is a private limited company based in Indapur, Maharashtra, India, a subsidiary of Modulex Construction Technologies Limited. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 23 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U25999PN2008PTC217684. Its GSTIN is 27AAECR2173E2ZI (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹82.5 Cr and a paid-up capital of ₹72.43 Cr. It was formerly known as Terrapin Modular Buildings Private Limited and Red Ribbon Britspace Modular Buildings Private Limited. It is led by directors including Ajay Shridhar Palekar (Managing Director) and Jayesh Narendra Sheth.
Its last annual general meeting (AGM) was held on 18 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A 82 MIDC Industrial Estate, Indapur, Maharashtra, India – 413132.
As per the financials filed for FY 2023, the company reported a revenue of ₹59.12 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8.34 Cr and EBITDA of -₹5.99 Cr. Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 341% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹64 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Modulex Modular Buildings Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0037216). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modulex.in.
Company Details of Modulex Modular Buildings Private Limited
CIN U25999PN2008PTC217684
Registration Number 217684
Incorporation Date 23 September 2008
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Modulex Construction Technologies Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0037216
Name History of Modulex Modular Buildings Private Limited
Modulex Modular Buildings has undergone 2 name changes throughout its history. The company was previously known as Terrapin Modular Buildings Private Limited, and Red Ribbon Britspace Modular Buildings Private Limited. The current legal name is Modulex Modular Buildings Private Limited.
| Company Name | Status |
|---|---|
| Modulex Modular Buildings Private Limited | Current |
| Terrapin Modular Buildings Private Limited | Previous |
| Red Ribbon Britspace Modular Buildings Private Limited | Previous |
CIN History of Modulex Modular Buildings Private Limited
Modulex Modular Buildings has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U25999PN2008PTC217684, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25999PN2008PTC217684 | Current |
| U45400PN2008PTC217684 | Previous |
| U45400KL2008PTC029096 | Previous |
| U45400MH2008PTC187002 | Previous |
Key People
Ajay Shridhar Palekar Managing Director Jayesh Narendra Sheth Director Raj Kumar Sharma Director Recognitions & Rankings of Modulex Modular Buildings
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA 82 MIDC Industrial Estate, Indapur, Maharashtra, India – 413132
- IndustryInfrastructure and Utilities, General Construction Services
Comprehensive company report
Modulex Modular Buildings Private Limited - one report that includes everything
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- Historical financials and ratios
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Financials of Modulex Modular Buildings Private Limited FY 2025 filings available
Modulex Modular Buildings Private Limited reported revenue of ₹59.12 Lakh (up 12506775% YoY) for FY 2023.
Revenue · FY 2023
₹59.12 Lakh ▲ 12506775%
Net loss · FY 2023
₹8.34 Cr
EBITDA · FY 2023
-₹5.99 Cr
Compounded Annual Growth Rate (CAGR) of Modulex Modular Buildings Private Limited
Revenue CAGR growth
3 years · compounded
▼ 6%
5 years · compounded
▲ 341%
Revenue has grown at a compounded annual rate (CAGR) of 341% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Modulex Modular Buildings Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹59.12 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹5.99 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8.34 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Modulex Modular Buildings Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Modulex Modular Buildings are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Verified entity values are shown only after access is granted.
Board of Directors of Modulex Modular Buildings Private Limited
Modulex Modular Buildings has 8 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Narendra Sheth Also directs: Modulex Construction Technologies Limited, Give Vinduet Windows and Doors Private Limited, Advenza Global Limited and 1 more | Director | 25 Jul 2024 | 2 Years 2 Months | Current |
| Raj Kumar Sharma | Director | 01 Sep 2022 | 4 Years 1 Months | Current |
| Sudha Hemant Prajapati | Additional Director | 13 Nov 2025 | 0 Years 11 Months | Current |
| Suchit Punnose | Director | 14 Jul 2009 | 17 Years 3 Months | Current |
| Ajay Shridhar Palekar Also directs: Modulex Construction Technologies Limited | Managing Director | 16 Sep 2022 | 4 Years 1 Months | Current |
| Aditya Vikram Kanoria | Director | 02 Feb 2023 | 3 Years 8 Months | Current |
Showing 6 of 8 current directors. View all directors
Auditor Details of Modulex Modular Buildings Private Limited
Modulex Modular Buildings Private Limited is audited by RMJ and Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RMJ and Associates LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Modulex Modular Buildings Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Modulex Modular Buildings Private Limited
Open charges
None
Satisfied charges
₹64 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Dec 2013 | Vijaya Bank | ₹64 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Modulex Modular Buildings Private Limited
Modulex Modular Buildings Private Limited has 1 court case on record: 1 filed by Modulex Modular Buildings. All case is disposed. Status as checked on 30 Sep 2026.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Maharashtra Industrial Development Corporation | Disposed |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Modulex Modular Buildings Private Limited
Employment history and EPFO contributions of people linked to Modulex Modular Buildings.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Group Structure of Modulex Modular Buildings Private Limited
Modulex Modular Buildings has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Redribbon Advisory Services Private Limited | U74140KL2010PTC026154 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Modulex Modular Buildings Private Limited
Modulex Modular Buildings Private Limited has 21 board changes on record since 2009: 8 appointments and 13 cessations. The latest: Sudha Hemant Prajapati was appointed as Additional Director on 13 Nov 2025.
Appointed
Sudha Hemant Prajapati was appointed as Additional Director.
AGM
Modulex Modular Buildings Private Limited last Annual general meeting of members was held on 18 Jul 2025 as per latest MCA records.
Ceased
Muckatira Nanaya Devaya ceased to be Additional Director.
Ceased
Parag Vinod Mehta ceased to be Additional Director.
Appointed
Muckatira Nanaya Devaya was appointed as Director.
Appointed
Parag Vinod Mehta was appointed as Director.
Filing
Modulex Modular Buildings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Punnose Punnose ceased to be Director.
Ceased
Jayesh Narendra Sheth ceased to be Additional Director.
Appointed
Jayesh Narendra Sheth was appointed as Director.
Ceased
Aditya Vikram Kanoria ceased to be Additional Director.
Ceased
Rakhee Amit Agarwal ceased to be Additional Director.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Modulex Modular Buildings Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Modulex Modular Buildings Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Modulex Modular Buildings Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Modulex Modular Buildings Private Limited
Modulex Modular Buildings has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECR2173E2ZI | Maharashtra | Active | 23 Feb 2018 |
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MCA Filings & Documents of Modulex Modular Buildings Private Limited
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Related news about Modulex Modular Buildings Private Limited
Frequently Asked Questions about Modulex Modular Buildings Private Limited
Modulex Modular Buildings is an active private limited company based in Indapur, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 23 September 2008 (18+ years old) and is registered under CIN U25999PN2008PTC217684.
Modulex Modular Buildings reported revenue of ₹59.12 Lakh for FY 2023 (up 12506775% YoY).
Modulex Modular Buildings has 8 current directors:
- Ajay Shridhar Palekar - Managing Director
- Jayesh Narendra Sheth - Director
- Raj Kumar Sharma - Director
- Sudha Hemant Prajapati - Additional Director
- Suchit Punnose - Director
- Aditya Vikram Kanoria - Director
- Parag Vinod Mehta - Director
- Muckatira Nanaya Devaya - Director
Modulex Modular Buildings reported a net loss of ₹8.34 Cr and EBITDA of -₹5.99 Cr for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Modulex Modular Buildings is -6% over three years and 341% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Modulex Modular Buildings is 27AAECR2173E2ZI, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Modulex Modular Buildings is U25999PN2008PTC217684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modulex Modular Buildings has 1 court case on record: 1 filed by the company.
Modulex Modular Buildings was incorporated on 23 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Pune.
Sudha Hemant Prajapati was appointed as Additional Director on 13 Nov 2025. Muckatira Nanaya Devaya ceased to be Additional Director on 17 Jul 2025. Parag Vinod Mehta ceased to be Additional Director on 17 Jul 2025. Modulex Modular Buildings has 21 board changes on record in total.